Sse (LON:SSE) is a UK-listed utility large cap engaged in producing, distributing and supplying electricity and gas, as well as other energy-related services to homes and businesses in Great Britain and Ireland. For the six months ended 30 September 2019, SSE PLC revenues decreased 8% to £3.05bn but net income swung from a loss of £268.5m to a profit of £64.2m.
Right now the SSE share price appears to represent solid value, as shown in the group's Value Rank of 62. Let's explore this in more detail.
Digging into Sse's Value Rank
Looking at SSE's StockReport, we can see that the group has a:
- Rolling price to book value of 2.84,
- Trailing twelve month price to earnings ratio of 17.4
- Rolling dividend yield of 6.45%, and a
- Trailing twelve-month price to sales ratio of 1.94
This combination of financial traits suggests that, while SSE stock is not the cheapest, it is far from expensive at these levels and is worth considering - especially if it is exposed to other positive stock market factors as well.
Studies indicate that combining factors such as Value, Quality and Momentum is a more effective way of outperforming the market over longer time frames. That's why we have constructed our StockReports to give an instant impression of how well exposed Sse (LON:SSE) is to these three factors. We go into greater detail on factor investing in this video.
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